Raw gold

Ended Awarded Last action

Contract number
0598
Awardee
Awarding agency
Obligated
$9,365,660

Award facts

Contract value 100% obligated
$9,365,659.63 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Bridgewater, MA 02324, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 1 $124,535
Original award $9,241,125

About this award

The U.S. Mint awarded a firm fixed price delivery order contract to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $9,365,659.63, is for the delivery of raw gold to the Mint's Bridgewater facility. This award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and Coins 'N Things, which serves as a basic ordering agreement to provide raw silver and gold materials to support the Mint's ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government.

Quick answers

Who was awarded contract 0598?

0598 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 30, 2014.

How much is contract 0598 worth?

The government has obligated $9,365,660 on 0598.

Is contract 0598 an order under another contract?

Yes. 0598 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0598 competed?

The extent of competition for 0598 was full and open competition. The government received 7 offers.

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